LETTER OF INTEREST To - Login - Metaljunction

LETTER OF INTEREST
To
_____________________
Steel Authority of India Limited,
Name of the Branch
__________________________
Dear Sir,
1. We _________________________________are interested in participating in the Online
Forward Auction notified vide your notice No.______________ dated_________________.
2. We have provided a Permanent EMD of Rs.________________ vide DD/Banker’s Cheque/Pay
Order No.________________dated______________drawn on ____________ (Bank) in favour of
M/s.Steel Authority of India Ltd., payable at _________________ (branch).
We are hereby submitting a one time EMD of Rs._______________ vide DD/Banker’s
Cheque/Pay Order______________dated____________drawn on _______________(Bank) in
favour of M/s. Steel Authority of India Ltd., payable at ____________(branch).
3. We agree to abide by all the instructions contained in the above indicated online forward
auction notice, "SAIL – FA1 – General Terms & Conditions for sale through Online
Auction/Forward Auction (FA)" available on SAIL/Service Provider’s website and your General
and Special Terms & Conditions of sale of materials.
4. I/We understand that my/our bid in an e-selling event would be construed as my/our acceptance
to the "SAIL – FA1 – General Terms & Conditions for sale through Online Auction/Forward
Auction (FA)" available on SAIL/Service Provider’s website and the General Rules and
Regulations governing conduct of Online Forward Auctions (Annexure C). I/We understand that
if our bid is accepted by the service provider, and approved by SAIL, I/We are obliged to
complete the transaction.
5. I/We agree that we have been provided training by Service Provider in order to participate in
Online Forward Auctions.
6. I/We request Service Provider to allot User-id and password to me/us and activate the same to
participate in the above mentioned online forward auction.
7. I/We agree that I/we shall change the password on receipt by me/us and keep it confidential.
I/We agree that Service Provider shall not be held responsible in any way for any losses that may
be suffered by me/us as a result of disclosure of the password to any other person by me.
8. I/We understand that my/our inability to participate in an e-selling event due to disruption of
my/our internet services, or due to bandwidth problems with my/our local internet service
providers are beyond the control of the Service Provider.

9. In the event of any failure on our part to comply with all or any of the Terms & Conditions
regarding the Online Forward Auction, I/We irrevocably agree for the forfeiture of our earnest
money deposit and security deposit (if applicable).
10. We are providing the following details to you :
a) Name of the contact person on our behalf :
b) Our contact Telephone No. :
c) Our contact FAX No. :
d) Our contact E-Mail particular :
e) Bank name :
f) Branch name :
g) Branch address :
h) Branch telephone no. :
i) 9 digit code number of the branch :
j) Account type :
k) Ledger No./Ledger folio no. :
l) Account no. :
m) Other documents required by the Plant./ Unit, if any.
Yours faithfully,
Signature of Authorised Person
(Name of the person signing)
For M/s
(with Company’s Seal)
Date :
Place:
-

STEEL AUTHORITY OF INDIA LIMITED
BRANCH SALES OFFICE
ISPAT BHAWAN
No.5, K.H. ROAD, CHENNAI – 600 034
Tender No. 70F{FP (HSMP)} /2012-13 Date: 30.12.2012
DATE OF OPENING 03.01.2013 AT 15.00 HRS
ONLINE FORWARD AUCTION NOTICE
1. The following materials are available on 'as is where is’ basis at Manali, Chennai stockyard for sale through Online Forward Auction process, subject to prior sale.
Ex-SYD
Price
inclusive
of nonstandard
size &
quality
extras
but
exclusiv
e of
BATCH NO.
ED/ST/O
ctroi,
cutting/b
ending,a
nd all
other
charges
as
applicab ED & Cess
Sl
Qty(in le (in (in Rs./ EMD/
No: Plant Prod QLY D1 D2 D3 WagonNo Arrival Date MT) Rs./MT) MT) BAY
1 RSP HSMP DEF 5 1250 6300 SECR21141074460 22-08-2012 15.800 42370 4594.21 14840.69 0000858118
1 RSP HSMP DEF 5 1250 6300 SECR21141074460 22-08-2012 15.160 42370 4594.21 14239.55 0000858119
30.960 42370 29080.24
2 RSP HSMP DEF 5 1250 5000 SEC55140335143 22-08-2012 14.390 42370 4594.21 13516.30 0000858133
THE EXCISE DUTY WILL BE ADDITIONAL
2. Customers intending to purchase any of the above materials shall have to submit to the Branch Manager or his authorized representative, a letter of interest as per
format available at the Branch as well as submit a copy each of the “General Rules & Regulations governing conduct of Online Auction on the Service Provider
platform” and the “Definition of Key Terms”, available with the Branch, after duly signing on each page. The documents detailed at paragraph 2 above should be
accompanied with Earnest Money Deposit in the form of Demand Draft/Pay Order/Banker’s Cheque/Cheque from customers having Cheque facility/Bank Guarantee
obtained from a Scheduled Bank and drawn in favour of Steel Authority of India Ltd. payable at Chennai. The value of the EMD to be paid is to be computed @ 2% of

the value of the items, detailed at paragraph 1 above, which the customer is interested to procure through Online Forward Auction, subject to the maximum of Rs.1,
00,000/- (Rupees one lakh only). The prevailing stockyard prices of the items as on date of the notice would be the basis for computing the value of the EMD.
3. The bids given by the customer in the Online Forward Auction process will be deemed to be inclusive of price and all extras/charges but exclusive of ED/ST/Octoroon
and cutting/bending charges as applicable. Each item of paragraph no.1 would be treated as a separate unit for the purpose of bidding / deciding the Online Forward
Auction.
4. EMD and the documents detailed at paragraph 2 above, complete in all respect should reach the B.M. or the service provider before 12.00 Hrs on 03.01.2013.
5. The Service Providers to Steel Authority of India Limited viz., metaljunction.com will provide a user ID and a Password to each individual customer, who submit EMD
and documents stated in paragraph 5 above, to enable them to participate in the dynamic auctioning process for the items of their choice, out of the indicated items at
paragraph 1 above to be conducted in the Website metaljunction from15.00HRS.onwards 03.01.2013. Before actual participation, the customers may obtain
necessary support from the Service Providers so as to enable them to participate in the Online Forward Auction process, without any difficulty.
6. Final Bids given by the customer in the Online Forward Auction process should be kept valid for 7 working days from the closing date of Online Forward Auction as
given above, for acceptance by the Branch Manager. Acceptance Offers/Sale Orders/Offer Letters issued by SAIL to successful bidders against this Notice will be valid
for a definite period as decided.
7. The Branch Manager reserves the right to accept or reject any or all the bids or to apportion the materials in any manner deemed fit by him and his decision shall be
final in the matter.
8. In cases where the bids given by the customers in the Online Forward Auction are not accepted, the EMD would be refunded in full. If the bids are accepted and
materials are offered through Offer Letters and the customers do not make payment in full as stipulated in the Offer Letter, the EMD would stand forfeited. In
situations where customers have obtained Delivery Orders after making full payment but have failed to lift the quantities in full or part within the time stipulated in DO,
the EMD shall be forfeited in full in case of non-lifting of any quantity and proportionate to the quantity not lifted in cases of partial lifting. The EMD will not be
adjusted towards the price of the materials while issuing the Delivery Order(s). Sale against this notice may be made on secured credit sale basis (to be indicated after
obtaining due approval from competent authority).
9. If for any reasons beyond the control of the company all the materials offered through the Online Forward Auction or part thereof cannot be delivered, the liability of
the company will be limited only to refund of the proportionate amount paid by the customer as applicable for the quantity not delivered.
10. Loading at the stockyard will be done into the customers' transport, other than in Railway wagons, free of cost by SAIL.
11. Before submission of their bids, the customers may take prior appointment to inspect the materials covered under this notice. No complaints regarding quality or
otherwise will be entertained after delivery of materials.
12. The delivery order that may be issued at the discretion of the Company may be of a limited validity period, which may not be extended.
13. It may be noted that the offers issued to successful bidders against this notice will be valid for 4 days only.
14. In respect of sale through Online Forward Auction process, actual consumers or traders would have to submit the appropriate ST Declaration Forms depending upon
the use to which the materials would be put by them. The applicability of Sales Tax and the concessions available for actual users or traders would be as per the
applicable rules prevalent in the states. In case a consumer cannot submit a form for confessional tax, he will have to pay full tax.
BRANCH MANAGER (FP )

Statement of Interest Form-Buyer_________________________________________________
1. The statement of Interest is to be signed by the authorized signatory of the interested organization. (The
accepted signatory would be the sole proprietor in case of a sole proprietorship, the partner in case of a
partnership firm, and the director in case of private & public limited companies.)
2. Following documents are required to be submitted along with the Statement of Interest
a) Non Refundable bidder registration fees of Rs __________________________ (Rupees in words_______
_____________________________________________________________________________________ _
only) in favor of “Mjunction Services Limited”, payable at Kolkata. [For PLATINUM / GOLD membership]
b) Photo copy of PAN Card
3. On receipt of duly completed Statement of Interest, Mjunction services limited shall verify & evaluate your interest in
MetalJunction. After due verification, our representative shall impart training on availing Mjunction services ltd’s
services. Our head office in Kolkata will complete formalities regarding your account and will inform you about the
details of your user ID.
---------------------------------------------
Mjunction Services Limited,
Godrej Waterside, Tower-1, 3rd floor, Plot no. 5,
Block-DP Sector-V, Salt Lake City, Kolkata-700091
Tel: +91 33 66106100; Fax: +91 33 66011719
E-mail: contactus@mjunction.in
URL: www.mjunction.in,
https://auction.metaljunction.com
Page 1 of 5 (form revision date 12/05/2011)
Signature of Buyer

Organization Name
Type of Organization :
Business Activity :
Registered Address
City :
State : PIN Code
EMAIL
Contact Persons Details:
Name
Designation
Mobile No.
Mobile No.
P & T No.
Fax No.
e-mail address
e-mail address
SMS Alerts Interested in (Please tick): Ferrous / Non ferrous / Store/ Idle assets/ Chemicals/ Iron Ore
Seller Y/
Material of interest
N
Bhilai Matl Y/N Matl Y/N Matl Y/N
Bokaro Plate Pooled Iron (CI) Ammonium Nitrate
Rourkela GP Tundish Scrap (CI) Ammonium Sulphate
Durgapur CR IMBP (CI) Benzene
ISP IISCO
Skelp
Iron Ore
Calcium Ammonium
Nitrate(CAN)
Tata Slab Manganese Ore Crude Coal tar
VISL(Bhad) Sheet Cutting Mill Scale Ferrous Sulphate
ASP (DGP) Billet Stainless Steel Hot Pressed Napthalene
SSP(Salem) Bloom Rolls Light Solvent Naphtha
OMDC TMT Alloy Steel Oil/Sludge
NMDC Structurals B F Slag Napthalene Flakes
HCL Wire Rod Assets/ Obsolete Spares Acid
TCIL Pig Iron Nut Coke Noble gases
ISWP Sponge Iron B.F Coke Pitch
JSPL Any Other Any Other Sodium Phenolate
Balmer
Lawrie Ltd.
Toluene
L&T ECC
Xylene
NDPL
Page 2 of 5 (form revision date 12/05/2011)
Signature of Buyer

C.S.T. No
VAT No
Excise Regn Code
Excise Range
Excise Division
ECC Code
PAN No
Bankers Name
Bank A/c Number
Bankers Address
Confirmation of Training
This is to confirm that I have undergone the training conducted by Mjunction Services Limited to
participate in the online auction conducted in their website. I am satisfied and have understood the
processes to conduct bidding on my own.
I have been informed how I can change my password. I have also been informed how I may retrieve
password using “forgot password feature” in case I do not remember the password.
I understand that during the time when auction is on, I need to contact at the numbers of the auction
room for fastest assistance. The latest contact numbers are available on the website. I will make note
of these numbers.
I understand that mjunction services limited will communicate with me by email also. I understand
that I am required to check my email mail box regularly and am responsible for the same.
I will inform mjunction promptly in case of any change in phone / mobile number OR email id.
Date:
Place:
Signature:
Name of the Person:
Name of the Company with Seal:
Page 3 of 5 (form revision date 12/05/2011)
Signature of Buyer

Agreement
I /We
……………………………………………………………………..
……………………………………………………………………..
Son/daughter of ……………………………………………………………………..
……………………………………………………………………...
Resident of
………………………………………………………………………
………………………………………………………………………
Having my/our business at……………………………………………………………………
……….……………………………………………………………..
Agree as below:
1. I/We confirm that the information furnished by me/us to mjunction services limited are all true and correct to the
best of my/our knowledge and belief and no material facts have been concealed by me/us. I am competent and
authorized to enter into agreements on behalf of my firm.
2. I/We hereby understand and agree that the responsibility of preserving and maintaining the confidentiality and
secrecy and security of my/our Login ID and transaction password (as also that of “secret question”/ “secret answer”
combination) solely rests upon me/us and I/We shall be solely responsible for any breach/loss in this respect. I/We also
understand and agree that without authorized written instructions from me/us, new password shall not be re-issued by
mjunction services limited.
3. I/We agree to continually change the password (as also that of “secret question”/ “secret answer” combination)
and keep it confidential. I/We agree that mjunction shall not be held responsible in any way for any loss that may by
suffered by me/us as a result of disclosure of the password to any other person.
4. I/We agree and undertake to ensure that the safety, security, data integrity service or any other facts/information
of auction is not compromised with anyone else.
5. I/We understand and agree that mjunction services limited shall not be liable for any inappropriate list send by the
seller.
6. I/We agree that mjunction shall not be liable/responsible for any interruption in e-selling auction service caused by
any means.
7. I/We confirm to have read the specific terms and conditions that are displayed on mjunction website regarding the
auction event. I/We agree to strictly abide by any and all the Terms and Conditions displayed on the mjunction website.
8. I/We understand and agree that my/our security deposit/Bank guarantee is liable to be forfeited on
infringement/breach of any Terms and conditions as prescribed from time to time by mjunction or it’s Client (seller). I /We
agree that mjunction will be well within its right to take any punitive measure against me/us including permanently
debarring/blacklisting from participating in any and all mjunction events.
9. I/We understand and agree that all voice communications made by me/us with the auction room of mjunction are
recorded and kept for future reference and action, if necessary. I/We further agree and confirm that any and all such
verbal communication and instructions passed by me/us shall constitute a valid communication and shall be treated as
valid contractual obligation cast on me/us to ratify such communication/instruction in writing as and when required by mj
10. In no event mjunction shall be liable to the customer for any loss or damage whatsoever or howsoever caused arising
directly or indirectly in connection with the Services and/or this Agreement, including without limitation any: -
(i)
Loss of data;
(ii) Interruption or stoppage to the Customer’s access to and/or use of the online market/exchange (website portal);
Arising out of the performance of the Services or otherwise
11. Mjunction expressly excludes liability for consequential loss or damage or loss of profit, business, revenue, goodwill or
anticipated savings, which may arise in respect of the Services
Page 4 of 5 (form revision date 12/05/2011)
Signature of Buyer

12. I/We understand and agree that
Mjunction makes no warranty, representation or promise not expressly set forth in this agreement.
Mjunction disclaims and excludes any and all implied warranties of merchantability, fitness for a particular
purpose and noninfringement, except as expressly set forth herein.
Mjunction makes no warranty with respect to any software, product, configuration or system tested, analyzed or
reviewed by mjunction and does not warrant that they are without defect or error, except as expressly set forth herein.
The results, data, performance, and information reported or disclosed by mjunction in connection with the
services or this agreement are not warranted and customer bears all risks of reliance thereon.
Mjunction does not warrant that any results, data, performance or information can be reproduced, repeated or
verified (i.e., they may vary).
Except as expressly set forth herein, the methodologies, equipment, software, practices, procedures, and
technology used by mjunction in connection with the services are not warranted; and except as expressly set forth herein
there shall be no claim against mjunction based on any of the foregoing ;or any alleged or actual inadequacy, malfunction,
defect, or incompleteness of or in the foregoing
13. I/We agree to ratify all the acts of mjunction carried out in good faith and will keep mjunction indemnified, defend and
hold mjunction harmless from any and all claims, costs, liabilities, judgments, expenses or damages (including reasonable
attorney’s fees) arising out of any breach or alleged breach of this agreement, performance of the obligations hereunder,
or any representation or misrepresentation made by with regard to the subject of this Agreement.
14. I/We agree and undertake not to resort to any activity (ies) having the impact or causing interference to the system
(hardware, software, Internet related application, servers etc.) I/We understand that mjunction strictly forbids me/us from
indulging in any of the cyber crime activities including, but not limited to (a) unauthorized access(b) e-mail bombing (c)
data diddling(c) Salami attack (d) internet time theft (e) logic bomb (f) virus/worm attack (g) Trojan attack (h) distributed
denial of service attack (i) denial of service attack(j) email spoofing (k) cyber pornography(l) intellectual property crime (m)
cyber stalking.
15. I/We agree to submit ourselves for resolution of any disputes with mjunction in the manner as prescribed herein
below:
Arbitration, Governing Law & Jurisdiction
(a) Arbitration
Dispute or differences arising out or relating to this undertaking/Agreement shall be resolved amicably by the parties.
Failing such amicable resolution of dispute / differences either party may refer the matter to arbitration of a Sole Arbitrator
to be appointed by the Managing Director of mjunction services limited. The Arbitration proceedings shall be governed
and regulated by the provisions of Indian Arbitration and conciliation Act, 1996 and the rules framed there under
alongwitrh amendment made thereto up-to-date. The award of the Arbitrator shall be final, binding and conclusive on the
parties. The venue for arbitration shall be at Kolkata.
(b) Governing Law: This Agreement is construed and shall be governed in accordance with the laws of India without
giving effect to any principle of conflict of law.
(c) Jurisdiction: The Courts at Calcutta shall have exclusive jurisdiction.
Date
Signed & Stamped by Authorized Signatory
Place
_x______________x___________________________x____________________x________________x________x_
For Internal Use only
Lead generated by ____________________________________________________________________
SMS Group Recommendation____________________________________________________________________________
Page 5 of 5 (form revision date 12/05/2011)
Signature of Buyer